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Intraday calls for 30-03-09

Posted on: March 30th, 2009 at 9:17 am

Markets likely to see a gap down opening. Nifty has strong support at 3030-3050. Don’t go short as long as Nifty is above 3030.

Buy Educomp on dips with a stoploss at 2145 (strong support between 2150-2185)
Buy ACC above 590, target: 605. Stoploss: 585 (Double top at 589)

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181 Responses

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  1. deepak Says:
    March 30th, 2009
    Posted at: 1:45 pm

    Dear CB

    Tulip has not slipped to negative territory inspite of Downside in Nifty. I will continue to hold Tulip bought at 351 Rs on Friday. What price level should i book profit and exit the counter.

    Regards
    Deepak


  2. Suresh Says:
    March 30th, 2009
    Posted at: 1:47 pm

    Hi CB, Can I short the RelCapital at 345 today ..Suresh


  3. Srinivas Says:
    March 30th, 2009
    Posted at: 1:48 pm

    hi CB, how about going long on ICICI at current levels?


  4. CB Says:
    March 30th, 2009
    Posted at: 1:48 pm

    Hi deepak, yes.. hold it. it recently correct quite a lot.. it can touch 380 in short term..


  5. CB Says:
    March 30th, 2009
    Posted at: 1:49 pm

    Hi Srinivas, Banks are witnessing huge selling pressure.. don't buy it yet..


  6. raj Says:
    March 30th, 2009
    Posted at: 1:50 pm

    srf 84 jayga kya aur ye share kaisa hai


  7. CB Says:
    March 30th, 2009
    Posted at: 1:50 pm

    Hi Srinivas, Short if Nifty breaks 2970


  8. CB Says:
    March 30th, 2009
    Posted at: 1:52 pm

    Hi raj, SRF has resistance at 81-82.. above this it can touch 90


  9. CB Says:
    March 30th, 2009
    Posted at: 1:52 pm

    I WILL BE BACK IN 2 HOURS..


  10. sunny Says:
    March 30th, 2009
    Posted at: 1:54 pm

    CB - There have been a CLSA report a few days back tht RIL will touch 1550 and it have touched the same within 2 days of the report....

    May i pls know where can i read all CLSA report ??


  11. Sachin Says:
    March 30th, 2009
    Posted at: 2:02 pm

    Great call on Ril.. thanks :)


  12. soujanya Says:
    March 30th, 2009
    Posted at: 2:04 pm

    hi CB

    can i buy rain comm vat is meant by buy back


  13. Murali Says:
    March 30th, 2009
    Posted at: 2:24 pm

    CB, what about JP associates? can I buy it now for short term? (assuming tomorrow it will be a bull market)


  14. RJ KUMAR Says:
    March 30th, 2009
    Posted at: 2:42 pm

    hai cb - sold glenmark @ 157/-. But my bad luck it's now 160/-


  15. hari Says:
    March 30th, 2009
    Posted at: 2:50 pm

    hi CB , any BTST calls


  16. SAND Says:
    March 30th, 2009
    Posted at: 2:58 pm

    one can try vsnl for BTST.. SL 512.. tgt open
    finantech rocks today

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